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Sign up for myFT Daily Digest and be the first to learn about Pfizer’s news.
Pfizer raised its full-year revenue forecast for the coronavirus vaccine by nearly a third, after the vaccine helped the drugmaker almost double its sales in the second quarter.
The American group that sells the widely used Covid-19 vaccine together with Germany’s BioNTech raised its revenue forecast for 2022 to US$33.5 billion from US$26 billion in the previous quarter.
The group said on Wednesday that sales in the second quarter rose 92% to 18.98 billion U.S. dollars, while earnings per share rose 58% to 98 cents.
The group and BioNTech shared the sales profits of Covid-19 on average, generating $7.8 billion in direct sales from vaccines.
Chief Executive Albert Bourla stated that the second quarter was “excellent in many ways.”
More than 1 billion doses of vaccines have been delivered worldwide. Pfizer said that excluding the impact of vaccines, its overall business sales increased by 10%. The drugmaker raised its full-year sales guidance from the previous quarter’s estimate of 72.5 billion US dollars to 78 to 80 billion US dollars.
Pfizer said that according to the contract signed as of mid-July, it is expected to provide 2.1 billion doses of drugs by 2022. Some countries have begun to order boosters, but scientists and regulators still disagree on whether they need them.
The company’s New York-listed stock rose 0.8% in premarket trading.


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Muscat: Restaurants still charging an eight per cent service tax can be reported to the Public Authority for Consumer Protection, an official of the PACP has advised diners.
This comes after a new rule regarding service charge came into effect as the Tourism Law number 2003/91 was amended and replaced with a new article numbered 2016/39. “Now, any restaurants found adding a service charge in the bill can be considered as being in violation of the PACP law,” Umar Faisal Al Jahdamy, deputy director of the PACP, had said.
Despite this, people complained that several eateries are still charging service tax and adding it to their food bills. “I went to have some pizza, and was shocked notice in the bill that they were still charging service tax. When I asked them about it, they didn’t have any explanation,” a resident, Suresh, said.
The PACP officials clarified that citizens and residents can complain at their hotline number 80077997 if they find restaurants charging what they legally shouldn’t. “We will take action against the restaurants if we find that the allegation is true,” an official said.
However, hotel restaurants, or ones deemed to be in tourism designated areas, can still ask customers to pay a service charge, the official clarified.
Some residents also claimed that they never realised that there was an eight per cent service tax component in the bill. “I still think most diners simply used to leave a tip behind. Hence, it’s a good move to drop the service tax, especially during these times of austerity,” one of
In September 2016, the Ministry of Tourism removed the four per cent tourism tax from fast food restaurants and international coffee shops that do not fall under the supervision of the Ministry of Tourism (MoT), leaving only the five per cent municipality tax on bills. “People should pay only 5 per cent municipality tax in their bills,” the PACP official added.

domain: news


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Cell Phone With Integrated Projector To Go On Sale In Japan
Way back in October 2008, we reported about a cell phone that featured a built-in mini projector. The cell phone was showcased by Japan’s biggest mobile carrier, NTT Docomo, as a prototype. But today, the same carrier announced [JP] that such a spectacular handset will finally go on sale in Japan this Friday.
If you’re an avid MobileCrunch reader, you’ll remember we covered the Sharp SH-06C in November as part of Docomo’s winter line-up of new cell phones.
Since then, Sharp has changed the name (from SH-05C to SH-06) and finalized the spec sheet.
The handset will come with the following features:
- DLP projector featuring 9 lumens brightness and 640×360 resolution
- 3.7-inch touchscreen with 480×854 resolution
- 5.1ch Dolby Mobile sound support
- 5.3MP CMOS camera with AF
- OneSeg digital TV tuner
- Blu-ray recorder connectivity
- microSDHC slot (16GB max)
- e-wallet function
- size: 119×59×15.7mm
- weight: 137g


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Penske Automotive Group (NYSE:PAG) had its target price lifted by Morgan Stanley from $54.00 to $57.00 in a research report report published on Friday, BenzingaRatingsTable reports. The firm currently has an overweight rating on the stock.
A number of other brokerages have also issued reports on PAG. Zacks Investment Research upgraded shares of Penske Automotive Group from a sell rating to a hold rating and set a $46.00 target price for the company in a research report on Tuesday, May 28th. ValuEngine lowered shares of Penske Automotive Group from a hold rating to a sell rating in a research report on Thursday, July 11th. Finally, Northcoast Research reiterated a buy rating on shares of Penske Automotive Group in a research report on Thursday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $54.17.
PAG traded up $0.55 on Friday, reaching $45.37. The company had a trading volume of 328,051 shares, compared to its average volume of 348,618. The firm has a fifty day moving average of $46.41. The stock has a market cap of $3.85 billion, a P/E ratio of 8.50, a P/E/G ratio of 1.84 and a beta of 1.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.98 and a quick ratio of 0.22. Penske Automotive Group has a one year low of $38.49 and a one year high of $53.84.
Penske Automotive Group (NYSE:PAG) last announced its earnings results on Tuesday, July 30th. The company reported $1.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.59 by ($0.17). The company had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.90 billion. Penske Automotive Group had a net margin of 2.00% and a return on equity of 16.56%. The business’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.58 EPS. Sell-side analysts forecast that Penske Automotive Group will post 5.39 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Friday, August 9th will be given a dividend of $0.40 per share. This is a positive change from Penske Automotive Group’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $1.60 annualized dividend and a dividend yield of 3.53%. Penske Automotive Group’s dividend payout ratio (DPR) is 29.21%.
In other news, EVP Shane M. Spradlin sold 2,656 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $44.05, for a total transaction of $116,996.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Robert H. Kurnick, Jr. sold 8,579 shares of the firm’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $46.05, for a total transaction of $395,062.95. Following the transaction, the president now owns 98,509 shares of the company’s stock, valued at approximately $4,536,339.45. The disclosure for this sale can be found here. Company insiders own 42.60% of the company’s stock.
Large investors have recently bought and sold shares of the company. Sageworth Trust Co purchased a new stake in Penske Automotive Group during the first quarter valued at about $27,000. Signaturefd LLC lifted its stake in Penske Automotive Group by 90.5% during the second quarter. Signaturefd LLC now owns 878 shares of the company’s stock valued at $42,000 after buying an additional 417 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new stake in Penske Automotive Group during the first quarter valued at about $125,000. Advisory Services Network LLC lifted its stake in Penske Automotive Group by 8,888.1% during the second quarter. Advisory Services Network LLC now owns 3,775 shares of the company’s stock valued at $179,000 after buying an additional 3,733 shares in the last quarter. Finally, Martingale Asset Management L P purchased a new stake in Penske Automotive Group during the first quarter valued at about $314,000. Institutional investors own 44.02% of the company’s stock.
Penske Automotive Group Company Profile
Penske Automotive Group, Inc operates as a transportation services company. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand.
See Also: Conference Calls
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No sooner has its tyres touched UK roads than the new Toyota GR Yaris has won effusive praise. Reviews from motoring writers and video presenters have been nothing short of glowing, and the accolades continue coming as media outlets pitch our new hyper-hatch against rival machines – even exotic supercars – in group tests or pick standout vehicles in their respective annual awards.
Listed in chronological order, the following are summaries from the growing collection of GR Yaris awards. Similar to the post on Toyota’s collective awards, this model-specific list will be regularly updated as new honours are published.
News UK Motor Awards: Jeremy Clarkson Car of the Year & Hot Hatch of the Year
Jeremy Clarkson confessed he didn’t have high hopes when he booked a drive in a new Toyota Yaris. What the Sunday Times reviewer and Grand Tour presenter admits he hadn’t bargained for was the kind of driving experience the rally-bred GR version of Toyota’s hatchback delivers.
Such was Clarkson’s delight, he has named it his Car of the Year in the News UK Motor Awards, saying “This is one of the most enjoyable and thrilling cars I’ve ever driven. This is a car that made me laugh out loud. I took it into my fields one morning and made a terrible mess, but I didn’t care because I was a complete riot.”
Apart from the grin-factor, Clarkson appreciated the performance of the three-cylinder 1.6-litre turbo engine and, in particular, the top-value pricing – starting at £30,020 and rising no higher than £33,520 for the version equipped with the Circuit Pack performance options.
GR Yaris was also honoured with the Hot Hatch of the Year title in the awards, judged by a panel of News UK’s motoring editors across its digital and print publications.
Parkers: Best Car for Thrill-seekers
The Toyota GR Yaris enjoyed success in the 2022 Parkers New Car Awards alongside the eminently business-like Proace Electric and Proace City vans.
For GR Yaris, it is another award to add to its massive haul since launch last year. Announcing the awards today, Keith Adams, Editor of Parkers, one of the UK’s best-respected most popular sources for new and used car news and consumer advice, explained the qualities that set the Toyotas apart.
Commenting on GR Yaris being named Best Car for Thrill-seekers, he described it as “the absolute pinnacle of the hot hatch world,” adding: “The GR’s appeal isn’t based purely on speed – its feedback and feel are unrivalled and its ability to deliver old-school thrills are near-addictive.”
Northern Car of the Year
The Toyota GR Yaris has been voted Northern Car of the Year by the Northern Group of Motoring Writers (NGMW), the leading organisation for automotive journalists based in the north of England.
It is the first time in the awards’ 16-year history that a performance car has taken this accolade, topping the poll of the 36 members.
Andy Harris, Chairman of the NGMW and Motoring Editor of the Yorkshire Times, presented the traditional award, a suitably inscribed miner’s lamp, to James Clark, Toyota (GB) Senior PR Manager, at the annual northern test day this week, organised by the Society of Motor Manufacturers and Traders (SMMT). “An award voted for by motoring journalists is always special so everyone at Toyota GB is thrilled,” said Clark.
In another first, Northern Group members were invited to choose the best vehicle in each of six categories with GR Yaris also named the Best Fun Car.
UK Car of the Year
In perhaps its most remarkable award-winning achievement yet, the GR Yaris has been named the 2021 UK Car of the Year (UK-COTY).
The result reveals the level of love for a car that sits well outside the mainstream: an out-and-out performance hatchback designed and engineered with a focus on the pure joy of driving.
Announcing the result, UK-COTY Director John Challen said: “The GR Yaris exudes the same sort of emotions found in the original breed of hot hatches, with a modern-day twist thanks to advances in automotive technology. The most fun I’ve had behind the wheel of a car for many, many years.”
GR Yaris qualified for consideration having won the UK-COTY Best Performance title.
CAR: Hot Hatch of the Year
Pitted against a field of famous names, GR Yaris made an emphatic first impression. CAR declared: “The GR is everything this magazine celebrates. It’s compact, relatively lightweight, gratifyingly mechanical, delightfully accessible and endlessly satisfying…
“The Toyota’s punchy, characterful engine and fabulously exploitable all-wheel-drive system just add further weight to the argument that this is one of Japan’s truly great performance cars and the pre-eminent modern hot hatch.
“As amazing as the fact that the GR Yaris exists in the first place is just how fast and fabulous it is to drive. The combination of torque and low weight helps make the Toyota feel as weightless as the brittle orange leaves cartwheeling by on the breeze.”
Autocar: Best Affordable Driver’s Car
Not only did our new pure rally-bred machine take the top spot in Autocar magazine’s annual test to find Britain’s Best Affordable Driver’s Car, but it also claimed third place in the overall Best Driver’s Car rankings, outperforming the latest exotic supercars from Lamborghini, Porsche and Aston Martin.
Autocar declares GR Yaris to be “the first truly great car of the decade.” Judges explained how the car revealed “hidden depths of driver appeal, the likes of which haven’t been seen in a hot hatchback in a generation.” Among them, respected motoring writer Andrew Frankel declared the GR Yaris to be “the most dynamically capable car ever offered for sale at this kind of money.”
Click this link to watch the Autocar Best Driver’s Car Shootout video (from 2:15 for GR Yaris review and from 21:35 for the results).
Top Gear Magazine: Hot Hatch of the Year
In its third major award in the three weeks since its UK launch, Top Gear Magazine announced that GR Yaris was its Hot Hatch of the Year. Editor Jack Rix commented: “Rarely does a car come along with such fervent support from the Top Gear office, but everything about the GR seemed right.
“From its bespoke, inflated three-door shell, to its boosted three-cylinder engine and trick 4WD system, it’s a proper homologation special, real rally-tech for the road and built by a team at Gazoo Racing who were prepared to sweat the finer details to get it right. I can’t recall a car in the last five years that felt so right in our hands in the first 50 metres.”
EVO: Hot Hatch of the Year
Once again the GR Yaris managed to astound the motoring press with EVO giving it a glowing review and naming it their Hot Hatch of the Year. The EVO team reported: “(We have) been pleading with manufacturers to build a performance car like the GR Yaris for years. While some have claimed to have done so, only Toyota has delivered on its promise.
“It’s a driver’s car that engages you in every process, delivering a 3D experience in everything it does, backed up with a reassurance and consistency from every key control point.
“evo’s judges were won over by the GR Yaris’s infectious character, its playful nature and how every journey left them wearing a schoolboy grin. Throw in fresh from a WRC stage looks, a footprint that’s perfectly suited to British roads and a level of performance and a dynamic ability you’d expect from a car costing twice as much and it’s little wonder that the GR Yaris is evo’s hot hatch of the year.”
carwow: Hot Hatch of the Year and Car of the Year
The new Toyota GR Yaris has won the hearts of the UK’s car fans who have voted in their thousands to make it Car of the Year in 2021 carwow Awards, after first claiming the Hot Hatch of the Year title in the awards. The GR Yaris was included in a shortlist of three models for online public voting for ‘Car of the Year’ which saw it win by a huge margin – around 5,000 votes clear of its closest rival.
Announcing the results, carwow’s car reviews expert Mat Watson said: “The Toyota GR Yaris is an absolute gem. Its fizzy 1.6-litre engine pumps out a whopping 261hp and its four-wheel-drive system gives it the traction of a rally car. It looks great too, and no other car has put a bigger grin on my face all year.”
What Car?: Hot Hatch of the Year
The GR Yaris secured its sixth ‘Hot Hatch’ award thanks to What Car? who awarded it the accolade in their 2021 awards. This award completed an impressive clean-sweep of honours, winning every major UK motoring media award for which it has been eligible since its launch just nine weeks ago.
Announcing the award, What Car? Editor Steve Huntingford said: “The GR Yaris is a truly special machine that feels tailor-made for tackling a British B-road. With its small proportions, clever four-wheel-drive system and firecracker of an engine, its performance is incredibly accessible. Yet it’s also fast enough to frighten thoroughbred sports cars. For pure driving thrills, hot hatches don’t get any better.”
UK Car of the Year: Best Performance Car
The GR Yaris clinched another major award when it claimed the title of ‘Best Performance Car’ in the 2021 UK Car of the Year Awards. With the annual UK COTY awards being judged by a group of top motoring journalists from across the country, the award carries immense weight as only adds to the growing collection of awards the GR Yaris has won from various motoring magazines.
The praise from the judges for the GR Yaris was high, with Matt Robinson stating: “The GR Yaris is not just the best performance car I’ve driven this year; it might be the best performance car I’ve driven this century.” While Tom Ford added: “Democratisation of the homologation special here. And who isn’t into a tiny Tarmac terror?”
Auto Express: Performance Car of the Year
Auto Express awarded the GR Yaris the best ‘Performance Car of the Year’ at their 2021 Auto Express New Car Awards, adding to the exceptional haul of awards it has collected since hitting the road in late 2020. Steve Fowler explained: “This year’s Performance Car champ is a true giant-killer, fighting off machines with twice the power and prices three times as high. The GR Yaris was one of the most eagerly anticipated arrivals of the year and its blend of performance, poise and price mean it hasn’t disappointed. Few cars as fun to drive, yet this pocket rocket is easy to live with and relatively affordable to run.”
The success of the project is witnessed by universal media praise and a wealth of awards, including the latest accolade from Auto Express.


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The demand for medium voltage (MV) and high voltage (HV) switchgears in the GCC is at an all-time high due to the rapid expansion of the power, oil and gas infrastructure, and construction sectors, a report said.
Stricter laws, green marketing and public-private partnerships are key drivers for end-of-life vehicles recycling market in the GCC, a report said, adding that automobiles have high potential for recovery, making it a lucrative market.
For the second year in a row, Bahrain continues to be the fastest growing market for Samsung's smartphones, a top official of the company's regional business has said.
Samsung Gulf Electronics' head of telecommunicatio
The takaful insurance industry faces a number of major challenges as it grows both in the region and across the Islamic world and further afield, said a top official of the Central Bank of Bahrain (CBB).
KeyBS, a newly-launched payment solutions technology company, has announced that it will expand into the lucrative GCC markets to capitalise on the region’s growing technology use and demand for automated solutions.
The company will provi
The countries of the region can stand up to the adverse effect of the crisis by establishing a common market, according to an international economist.
Dr Krishnamur Chandrasekar, professor of economics at New York Institute of Information
Italian designers are now targeting the Gulf’s $12 billion textile and clothing market as global crisis dampens demand for designer-wear in their more traditional markets.
'There is a new world order developing in fashion bra


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Price of Bashundhara LP gas reduced
The price of Bashundhara LP gas has been reduced for another phase after December last year.
Bashundhara LP gas is the most used commodity for cooking purpose across the country as it is secure and affordable.
The company cut the LP gas price for another phase taking ino account the interest of consumers, said a press release on Sunday.
MM Jasim Uddin, Head of Marketing of Bashundhara LP Gas Ltd, said the price of LP gas has been reduced by Tk 20 per cylinder of 12kgs and 30kgs, Tk 50 per cylinder of 45kgs and Tk 75 per cylinder of a tonne.
In this regard, he said Bashundhara has been leading the LP gas market for the last 20 years. At present, the company’s market share is more than 30 percent. Recently many big companies have entered the LPG market.
“In this competitive market, Bashundhara has retained its position as the company is selling the product at a price. The authorities of the company also has a commitment that the government is encouraging LPG gas as an alternative fuel for the past 4-5 years,” Jasim Uddin added.
He also said that Bashundhara LP Gas Limited has sold LP gas more in comparison to other companies over the last one year.
“We have seen that it is possible to reduce some of the price by making small profits even lower. That’s why the price was reduced from today (Sunday). Earlier, the price was reduced on December 5,“ said Jasim.
Now every month 50,000 metric ton LPG gas is being used in the country. The entrepreneurs at this time have always made a claim to the government that tariff duty on import of raw materials for cylinders was made. Although the tax or VAT was levied on import of gas cylinders, the duty on the import of cylinders raw materials was not withdrawn or reduced.
According to fuel experts, 25 percent of the country’s forest area is supposed to be forested but only 7 percent. In this situation, the use of LP gas in rural areas will reduce the use of wood as fuel and the forest cover will be preserved. To do this, Bashundhara is trying to give a kind of incentive to reduce LPG prices.
Private operators have always been subjected to a kind of moral pressure to keep the LP gas price at the hands of ordinary people.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid also said the same thing. However, the organisers said that LP gas is not like other fluid fuel.
The use of LP gas as an industrial product is not 10 percent. Basically, the price of raw materials is determined by the price of the consumer. There is no government subsidy here. It is completely a consumer product.


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BERLIN— Hans Riegel built a candy empire based on the humble Gummi Bear, turning the chewy treat into a symbol of Germany's postwar economic miracle and the return of better times. Mr. Riegel, one of the last and best-known entrepreneurs of his generation, died Tuesday from heart failure at age 90.
Though he never had children, Mr. Riegel often spoke of how he tried to stay close to his most important customers, drawing inspiration for his confectionary ideas partly from comic books.
"I love children; they are my customers," he once said. "I have to be informed about what they want to nibble, what they think, the language they speak."
After returning to his home in Bonn from an American prisoner-of-war camp in 1946, Mr. Riegel and his brother Paul, who died in 2009, set about reconstructing the family business that became Haribo.
The company's name combines the first two letters of their father's first and last names— Hans Riegel Sr.—with those of the city of Bonn.
Today, Haribo makes about 100 million Gummi Bears a day at 15 sites around the world and employs about 6,000 people.
The closely held company doesn't publish any business figures, but industry experts estimate its annual sales at around €2 billion, or roughly $2.7 billion.
Earlier this year, Forbes magazine estimated that Mr. Riegel, who owned 50% of the company, was worth $2.9 billion. Haribo said his shares in the company would be placed in a private foundation to ensure its independence.
The original candy bear was invented in 1920 by Mr. Riegel's father, a trained candy maker, in a courtyard kitchen in a Bonn apartment house. The first candies were modeled after the dancing brown bears frequently featured in circuses and traveling fairs in Europe around the turn of the 20th century. The family patriarch died in 1945.
In the wake of World War II, Haribo had about 30 employees and had already expanded into Denmark.
The younger Hans Riegel, described as an aggressive salesman, was in charge of marketing and distribution. He studied business at Bonn University while building Haribo, completing a Ph.D. in 1947. His brother Paul ran production.
As the West German economy began to pick up in the 1950s, the hardships of the war years began to fade. Working families had money to spend on Volkswagen cars, vacations in southern Europe and on candy. Haribo created what became one of Germany's most famous advertising slogan with a catchy jingle: "Kids and grown-ups love it so, the happy world of Haribo."
In 1960, Mr. Riegel created his masterpiece: tiny, golden-colored chewy bears packaged in plastic bags that could be hung on store racks. Multiple colors followed.
In the 1960s, the company began expanding in Europe—first in France in 1967, then in the U.K. in 1972. By 1982, Haribo was crossing the Atlantic, setting up manufacturing facilities in Baltimore.
Its candies soon became a childhood staple.
"Wherever I went in the past few years, the gold bears had already long been there," Guido Westerwelle, Germany's foreign minister, said in a tribute to Mr. Riegel's achievements.
The Gummi Bear's steady march around the globe wasn't without controversy. Mr. Riegel and Haribo were criticized in 2000 when the company was conspicuously absent from the founding members of a foundation called Remembrance, Responsibility and the Future.
The foundation was created in 1999 to raise money from German industry to compensate surviving victims of Nazi-era forced labor.
Haribo says it didn't use slave labor during the war.
Germans consider Mr. Riegel, whose hobbies included hunting and piloting helicopters, an icon of a bygone era.
"Hans Riegel was one of the last great entrepreneurs who led his company to success by following the feelings in his gut, rather than marketing research," said Thomas Gottschalk, a German television celebrity and Haribo's longtime advertising partner.
Write to William Boston at firstname.lastname@example.org


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Founder and CEO Mark Pincus is bullish for different reasons. In a recent interview with Reuters, Pincus, whose company has made very public efforts to reduce its dependence on Facebook (NASDAQ:FB), said he believes a mobile version of FarmVille 2 will help the company regain its footing.
That's good, because Zynga needs as much help as it can get, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova. Revenue is up an anemic 0.5% over the trailing 12 months. Asking one game to reverse that trend -- even a star like FarmVille, which attracts an estimated 6.5 million players daily -- is probably asking too much, Tim says.
Do you agree? Please watch the video to get Tim's full take, and then let us know whether you would buy, sell, or short Zynga stock at current prices.


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Samsung to Launch Gingerbread for Galaxy Tab UK Version in Coming Weeks?
According to recent reports, the UK version of the Samsung Galaxy Tab (7-inch) is set to receive its Android 2.3 update in the near future. Recombu advises that a a source close to Samsung is claiming that UK version of Galaxy Tab will receive Gingerbread in coming weeks via Kies.
The update will hit unlocked version of Galaxy Tabs then it will hit others i.e. people using Galaxy Tab with contract. O2UK is saying that it will be out in early August, and I think others will also launch it in the same period.
Our readers in UK, soon you will be able to taste Gingerbread on your Galaxy Tab. However, if you want Honeycomb, then you’d better have a look at Galaxy Tab 10.1 or any other already existing Honeycomb tablet. We’re very early in the Android tablet game and no company has proven to have a track record as it pertains to update schedules.
Here in the United States, Sprint recently deployed Android 2.3 (Gingerbread) for their Samsung Galaxy Tab, so it makes sense to assume other carries might soon follow suit.
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Open Handset Alliance Member Profiles (Week #7 – Esmertec ) For 34 weeks, each Tuesday, Jordan from fandroid.net will be joining us to offer a profile of each of the
Samsung and the NBA this week ironed out a three-year, $100 million deal which will result in courtside tablets, TV’s, and an ongoing brand awareness. Did you watch any of
ZTE today introduced its latest Android smartphone, the Intel-powered GEEK, however there’s nary a release date or detail about market availability. Running Android Jelly Bean, the ZTE GEEK features a


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Tim Cook, CEO of Apple, one of the biggest players in the technology world, recently made an interview with Fox Business. Cook also spoke about the long-term effect of the Corona virus in an interview.
Tim Cook, CEO of Apple, one of the largest companies in the world of smartphones and technology, gave an interview to Fox Business recently. One of the issues that the famous CEO emphasized was the Corona virus, which erupted in China and caused more than 2,900 people to die, according to official figures.
In an interview with Cook, he stated that things are going as expected, but it will take time to bring things back. Cook said, “In general, I think this is temporary; it’s not a long term thing. The foundation of Apple is very strong, I see it that way. ”
The effect of the virus outbreak
The famous CEO said he has no idea whether the Corona virus will have an impact on Apple’s sales beyond March. Stating that we were in February and there is still room for optimism, Cook said they would wait and see if new virus-related events would break out.
Commenting on the fluctuation caused by the virus in shares, Cook said, “I do not focus on the short term in relation to the market. I think and in the way we manage the company, we work long-term and I can’t see a long-term difference between what happened four weeks ago and what’s happening now. ” Cook also said that the future looks very bright.
The company’s CEO was also asked if they would move Apple’s supply chain out of China. On the other hand, Cook stated that Apple devices have components from all over the world, and in China, the company focuses on flexibility in the supply chain. You can watch the full Tim Cook interview here.


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|Thursday, March 22, 2012|
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In light of these obstacles, how can Oregon maintain its upward trajectory? Paradoxically, job-killing automation may reduce the need for off-shoring, says Beleiciks. “As labor becomes a smaller portion of the output then it makes for less of a need to go after cheaper labor by off-shoring. There has been a lot of talk recently about on-shoring.”
Two case studies spotlight this phenomenon — as well as a growing emphasis on workforce training to keep local manufacturers competitive. In 2010, Portland-based KEEN Footwear opened a footwear factory in the Rose City. CEO James Curleigh — who has been in Oregon’s spotlight after meeting with President Obama in January –— cites three reasons: First, duty and transportation rates; labor and material costs in Asia have escalated, so “the economics of building in America start to make a lot more sense.” Second, digital-age “supply chain acceleration” has prompted the company to want tighter control over capacity, sourcing and quality standards. And third, KEEN used the factory to launch the higher-priced Utility line of steel-toed boots for American workers, which incorporated innovations they wanted to protect. Initially, the factory employed about 15 workers, but since then, as Utility became KEEN’s fastest growing brand, employment has doubled and Curleigh expects to hire more.
Earth2o, bottler of natural spring water in Culver, is another growing Oregon manufacturer. Last summer, demand was so strong for its product that it had to pull back from sales in Japan and reinvest to expand capacity, says CEO Steve Emery. And now it’s opened sales in China. Emery has seen “an expansion of marketplace” for Oregon products. “My friends in the beverage or the food industries all have been expanding their geography whether it’s outside the region or outside the country.”
One way Earth2o made its product stand out was by training its workforce in the highest level of NSF Safe Quality Food certification. Earth2o isn’t alone in using workforce training to raise its profile. Agnes Balassa, a workforce policy adviser to the governor, points to groups of small manufacturers that have banded together in consortia in recent years for high-performance trainings such as lean manufacturing, which not only reduces waste and spurs efficiency, she says, but also trains “a workforce to be more focused on problem-solving, quality management, being actively engaged with the work.”
“One of the challenges for our entire education system,” says Balassa, “is this dialog that says ‘manufacturing is dying.’” So students don’t tend to select into these programs … which will make it hard to sustain them.”
Why is it important to maintain skilled labor for manufacturers? These made-in-Oregon and exported out-of-state products bring “new money as opposed to circulating existing money,” says Balassa. State economist Beleiciks agrees, adding, “even if they’re not exporting, if they’re off-setting imports, it will have a similar effect.”
So aside from creating jobs, in-state manufacturing boosts tax revenues, provides income to Oregon stakeholders and induces development of necessary infrastructure.
Bringing actual manufacturing jobs back to Oregon will be an uphill battle. KEEN and Earth2o are only two examples of Oregon companies at the leading edge that may bring domestic manufacturing back from the brink.
Brandon Sawyer is research editor for Oregon Business. He can be reached at firstname.lastname@example.org.
CORRECTION: This story was corrected on April 30, 2012, to change "outsouring mania" to "off-shoring mania" in the first paragraph. THE EDITORS.
Wednesday, November 26, 2014
BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR
By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.
Friday, October 24, 2014
A majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.
Wednesday, October 22, 2014
BY KIM MOORE
Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.
Wednesday, October 22, 2014
Peter Lizotte at ACME Business Solutions and Roger Busse at Pacific Continental Bank share their favorite reads.
Saturday, December 13, 2014
Seven tidbits about the president and CEO of AKT Group.
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
Tuesday, December 02, 2014
BY LINDA BAKER
A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|Debate surrounding Washington-Oregon I5 span heats up|
|Watchdog group takes issue with timber company's 'green' label|
|Labor dispute at the ports slowing Christmas deliveries|
|Fed stresses 'patience' regarding interest rate|
|Obama to announce end of Cuba isolation|
|Energy prices drop cost of living in US by most since 2008|
|Russia's attempt to slow ruble freefall fails|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
Port of Morrow's business-ready attitude has a surprising global impact.
Through its support of the arts, the Cultural Trust is strengthening the business community.
Heed the morals of these seminal holiday stories in your everyday life.
Amy will practice in the firm's Business, Real Estate, and Tax practice groups.
While the Bend City Council ultimately upheld the approval which enables OSU-Cascades to move forward with the 10 acre site, it did also thoughtfully consider the nature of its code requirements, resident concerns and OSU-Cascade’s efforts and suggestions and crafted conditions of approval to address potential impacts of the site in the area.


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The assembly, which was addressed by India’s Commerce Minister Piyush Goyal on Tuesday, got here amid issues that some companies have confronted delays in utilizing New Delhi’s advantages due to advanced procedures.
Discussions included methods to enhance native manufacturing at aggressive costs, improve home worth added manufacturing and speedy decision of grievances, the federal government stated in an announcement on Wednesday.
The assembly was additionally attended by executives from iPhone maker Wistron, laptop computer maker Dell, telecom agency Nokia Options and others who obtained incentive funds below the scheme.
The PLI scheme, launched in late 2020, is Prime Minister Narendra Modi’s flagship industrial coverage to increase manufacturing.
To this point, the federal government has introduced incentives for 14 sectors, together with electronics and know-how merchandise, prescribed drugs and drones, amongst others, attracting investments totaling Rs. 625 billion by March 2023, the assertion stated.
The funding below the PLI scheme is anticipated to develop to Rs. 2.74 trillion, in accordance to authorities estimates.
From greater than Rs. 1.97 trillion for stimulus, disbursements totaled Rs. 29 billion by FY 2023 throughout eight sectors.
© Thomson Reuters, 2023


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Search the Community
Showing results for tags 'the witcher 3'.
Found 2 results
Thanks to a heads up from Alan, we have now seen a few new listings pop up on an overseas website for two new 7" figures for the McFarlane Toys The Witcher 3: Wild Hunt line. Both figures appear to be new versions of Geralt of Rivia wearing new armors. There is a listing for Geralt with the Wolven Armor and Viper Armor. While these figures have not yet been officially confirmed by McFarlane, we should note the site were these listings have appeared on is the same one that first gave us a heads up that a new Mandarin Spawn figure was coming last year. Stay-tuned for more details on these as they become available.


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KTM North America recently released a new video featuring Red Bull KTM’s Ryan Dungey. The 450 Motocross Champion opens up about his first season with the Red Bull KTM Team, his involvement in the development of the 450 SX-F Factory Edition motorcycle and his goals for the 2013 racing season. Source: KTM North America
Rockstar Energy Drink is proud to announce the Rockstar Energy Racing 2013 Supercross and Motocross line up! “We are very excited for this up coming season!,” says Team Manager, Dave Gowland. “The whole team has worked very hard to take what we learned from last season and apply it to making 2013 our best yet! […]
The search for the person behind a daredevil Youtube video in Canada has ended, after the perpetrator turned himself in.
AMA Pro Live Streaming Video System Launched During First Day Of AMA Pro Road Racing Testing At NOLA Motorsports Park The all-new AMA Pro Live streaming video system launched today during the first day of AMA Pro Test Fest, a two-day official AMA Pro Road Racing test at NOLA Motorsports Park in New Orleans, La. […]
Chaparral Motorsports is pleased to announce the launch of a new video section on its website that will help customers get the information they need on the motorcycle gear and accessories that the store offers. By going to video.chaparral-racing.com, customers gain access to dozens of videos covering a wide range of products, with more being […]


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Elon Musk wishes Tesla Roadster to float in the air using rocket fuel. After launching a car into space, the Tesla CEO sees the Roadster hover in the air – and from Elon Musk, we’re not surprised.
If you were CEO of an electric car company and an aerospace systems company at the same time, what would you do? Well, Elon Musk, who is actually in that position, wants to bring together the best of both worlds.
It has created a car that floats in the air. The idea is to use rocket fuel to make the Tesla Roadster hover, as in futuristic films.
The billionaire told his plans during an episode of the Joe Rogan Experience podcast. “I want it to be hovering, and I was trying to figure out how to make this thing hover without, you know, killing people. Maybe it can hover three feet above the ground, or something like that. If you fall, the suspension will explode, but you will not die “, he pondered.
Back in 2018, by the time he took a Roadster into space, Musk had already spoken openly about the idea of ??putting rocket boosters on the Roadster. Therefore, just put the pieces together to get some idea of ??what the entrepreneur has been up to.
Of course, even if Musk decides to take the ideas off the paper, there is still a lot to be done before we see cars hovering around. The regulatory bodies themselves would have a lot of work ahead of them – but they had better get ready, as the new Roadster hits the market in 2022.
There doesn’t seem to be anything impossible for Elon Musk, as he is continually pushing boundaries with his companies. Bringing the cut to Tesla, the company recently announced two vehicles with a U-shaped steering wheel (like an airplane stick) – something that took the United States National Highway Traffic Safety Administration by surprise. The agency asked to see more closely how the controller works.
During Joe Rogan’s podcast, Musk said the steering wheel was incredible, and something similar is used in Formula One. That’s when Rogan hit back, “Yes, but you’re not on the road in a Formula One car. I like to drive like this, supporting your hand on top of the steering wheel “.
Elon finished flatly: “Well, the autopilot is getting good enough that you don’t have to drive most of the time. I think you can rest your hand on your knee.”


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Earlier this year, Blizzard attempted to introduce a "real ID" system, whereby users on the company's forums would have their real names shown. It, uh, didn't go down very well. So why has Apple now done exactly the same thing?
It may not have done it in quite so public a fashion as Blizzard, but the end result is the same: starting from now, anyone using Apple's Game Center will have their full, real name shown whenever a friend request (or reply) is sent.
While this is the only place your real name will be displayed — everywhere else you'll just see a user's nickname — once is all you need to tip your full and proper identity off. Apple says it's because the Game Centre's new terms of service state that users must not "pretend to be anyone, or any entity, [they] are not."
This should be a big deal for privacy advocates, and probably would be...if anyone actually used Game Center. I've used it twice: once to try it out, and a second time to see how I could delete it.


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Nevada Comment on Today’s Dismal Small Business Optimism Readings
Could missing candlelit dinners this Valentine’s Day be state’s uniquely contributing metric?
CARSON CITY, Nev., Feb. 9, 2021—Today’s release of the monthly Small Busines Economic Trends report, also known as the Optimism Index, doesn’t show much optimism among the nation’s Main Street entrepreneurs, and the Nevada state director for the association that conducts the national bellwether surveys wondered if the Silver State might have a uniquely home-grown metric of its own highlighting the problem.
“This Valentine’s Day, only 25% of couples will be able to enjoy a romantic dinner out, thanks to Gov. Steve Sisolak’s current restaurant restrictions,” said Randi Thompson, Nevada state director for NFIB, the nation’s leading small-business association. Restaurants are one of many small businesses in Nevada still struggling under the governor’s now 11-month lockdown edict.
“When will these draconian measures end? Over 15% of small business owners say they will be closed in six months if the current economic conditions persist. Washoe and Clark counties have both seen a steady decline in positive cases of COVID-19, a decline in hospitalizations, and a decline in deaths since the first of the year. Close to 500,000 vaccine doses have been administered. The positive trends are an indication that Nevadans are doing their part to control the spread. Now, it’s time to let businesses, and especially restaurants, open to at least 50% and let Nevadans get back to work.”
The Optimism Index declined in January to 95.0, down 0.9 from December and three points below the 47-year average of 98. Owners expecting better business conditions over the next six months declined seven points to a net negative 23%, the lowest level since November 2013. The net percent of owners expecting better business conditions has fallen 55 points over the past four months.
From NFIB chief economist Bill Dunkelberg
“As Congress debates another stimulus package, small employers welcome any additional relief that will provide a powerful fiscal boost as their expectations for the future are uncertain. The COVID-19 pandemic continues to dictate how small businesses operate and owners are worried about future business conditions and sales.”
About the Small Business Economic Trends (SBET)
The NFIB Research Center has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter of 1973 and monthly surveys since 1986. Survey respondents are drawn from a random sample of NFIB’s membership. The report is released on the second Tuesday of each month. This survey was conducted in December 2020. For more information about NFIB, please visit NFIB.com.
The SBET’s primary value is anticipating short-run fluctuations in economic activity. An additional value of the SBET is its measurement of small business activities and concerns over time. The benefit of a longitudinal data set offers an invaluable perspective on how policies and business cycles impact small businesses over time. The SBET is one of the few archival data sets on small business, particularly when research questions address business operations rather than opinions. Today, it’s the largest, longest-running data set on small business economic conditions available.
Keep up with the latest Nevada small-business news at www.nfib.com/nevada or by following NFIB on Twitter @NFIB_WA or on Facebook @NFIB.NV


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Starbucks says it is balancing water conservation and customer safety
US coffee-shop chain Starbucks has defended itself against claims of a serious waste of water by leaving taps running in its stores all day.
A spokeswoman said the purpose was to clean utensils and the policy meant the company met health standards.
But environmental groups have criticised the practice, accusing Starbucks of wasting millions of litres of water every day.
Campaigners say the firm should look at more water-efficient ways of cleaning.
A report in the UK's Sun newspaper said the cold taps are left running in thousands of Starbucks branches around the world every day.
The company says the flow services a "dipper well", used for keeping utensils clean, and that the taps run at very low pressure.
"Dipper wells use a stream of continuous cold fresh-running water to rinse away food residue, help keep utensils clean and prevent bacterial growth," the Press Association news agency quoted the spokeswoman as saying.
"The dipper well system currently in use in Starbucks retail stores ensures that we meet or exceed our own and local health standards."
She said the company was considering using dishwashers instead of the dipper wells and introducing a more water-efficient way of cleaning spoons.
Starbucks says although it recognises that there are opportunities to reduce its water usage, it does comply with United Nations standards, and it has to balance water conservation with the need for customer safety.
But environmental groups said they were shocked at what they said was serious water wasteage.
"I think it is fair to say that Starbucks have a good environmental record, as far as we understand it, and so we are mystified by this story," Barrie Clarke, of Water UK, told PA.
"We think that it sounds like a serious waste of water and an unnecessary waste of water because we are at a loss to know what that purpose of it is."
"There must be other ways of ensuring hygiene in a coffee shop other than allowing a tap to run all day long," Barrie Clarke added.


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Economy and Business > PUBLIC RATES
The Minister of Industry, Omar Pagani, commented that the international price tends to normalize and is close to import parity
Reading time: –‘
November 28, 2022 at 17:10
Ancap’s fuel rates will remain unchanged in December. This was announced this Monday at a press conference by the Minister of Industry, Energy and Mining, Omar Paganini.
The oil market showed positive news for the interests of Uruguay during the last week with prices that moved downwards and were around two-month lows on the coast of the Gulf of Mexico, the theoretical import market that Ursea takes into account. Meanwhile, the price of a barrel of Brent crude has lost about US$10 per barrel in the last month. This Monday this type of crude was trading at around US$ 84.
“Ursea’s report shows that the import parity price to the pump is still slightly above the current retail price,” Paganini said at a press conference. In the retail prices calculated by the Ministry of Industry, the prices of gasoline and diesel remained practically unchanged.
According to Ursea’s Import Parity Price (PPI) report, the price of Super gasoline ex Ancap plant with taxes dropped from $66.78 per liter in October to $64.06 in November. In the case of common diesel, its value went from $59.76 to $55.08 per liter.
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SS&C Technologies has been given the go-ahead for its acquisition of Advent Software by the US Department of Justice. The companies reached a definitive agreement on the $2.7 billion acquisition back in February and now expect the transaction to close in the third quarter of this year.
The acquisition of Advent is one of 40 acquisitions made by SS&C since it was founded in 1986. It will add 4,300 global investment management customers to SS&C’s 7,000 financial services customers, along with Advent’s product set of portfolio management and accounting systems. It will also add 1,200 employees worldwide and the Advent management team led by CEO Pete Hess. Based on Advent revenues of $397 million in the year to December 31, 2014, combined revenues are expected to reach about $1.2 billion.
Commenting on the acquisition in February, Bill Stone, chairman and CEO of SS&C, said: “SS&C is acquiring a pre-eminent business in the financial technology industry and this is an acceleration in the progression to cloud technology. Advent Software combined with SS&C’s complementary offerings in software-as-a-service, middle office services, regulatory solutions, mobile applications and FIX is unmatched. We intend to continue our combined strengths in innovation, client focus and employee opportunity.”
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BERKELEY, Calif. (KGO) -- People can smell that something big is about to bloom in Berkeley.
A plant named Trudy that's a native to Sumatra in Indonesia is about to bloom.
Although it's not technically a flower, it produces the biggest bloom of any plant.
Trudy, a corpse flower, is at the UC Botanical Gardens and its producing a powerful odor, a hint of an impending bloom.
"One of the attractions is visible. You're seeing this spectacular looking, an awesome sized, flower like structure. And the other is, they want to smell this awful smell," said Paul Licht, of the UC Botanical Garden director.
The plant can produce an enormous branched leaf that can reach 10- to 15-feet-tall.


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Today, Wednesday April 8th, the first food baskets have already been distributed to 50 families.
After the appeal for donations last weekend, we started shopping at the market on Monday. The somewhat overloaded pick-up truck transported the heavy sacks of basic foodstuffs to the Fundacion.
The next day, the team began preparing the food baskets. Everything was carefully filled into small bags and sorted by product. And already this morning after a few days the food could be distributed. As announced, the 10 products plus as extra this time a liter of milk and some sliced meat were distributed. Great care was taken to ensure that the recommended guidelines, such as distances, constant disinfection and the wearing of face masks were adhered to.
So now we hope to be able to continue helping the most needy families in the coming days and weeks…
Even if the smile was hidden behind the mask, one could feel her great gratitude from the sparkling eyes… At this point, many thanks to all the people who have become part of this action of humanity and solidarity in such a spontaneous way with a donation.
Do you like to support us in this hard time? We are grateful for every donation. Please have a look at the donations page.
Marco Nyffeler – Rancho los Pinos, Quito


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Londis is buying beans from Tesco
SHOPKEEPERS in beleaguered store chain Londis find it cheaper to stock up with baked beans from Tesco than buy from the group's suppliers.
The astonishing admission came from chief executive Graham White in an exclusive interview with Financial Mail. He insists this is one of the major reasons why Londis no longer has a future as an independent company.
Its 2,000 outlets run by shopkeeper shareholders lack the buying clout to compete with supermarket giants.
White wants to sell Londis after controversially recommending a £40m bid from Irish retailer Musgrave that would potentially net him and three other directors £20m.
Accountancy group KPMG, which has been hired to review the board's contracts and option packages, will start talking to potential bidders this week. There are thought to be about ten interested parties, including Big Food Group - owner of Iceland and Booker cash-andcarry - Somerfield and the Co-op.
White said: 'We have far less purchasing power than a giant like Tesco, which can buy groceries at wholesale 12 or 13% cheaper and so easily sell them at less than our wholesale price.
'It's certainly not unheard of for our members to buy goods like baked beans in Tesco to sell in their stores because they are just cheaper than we can supply. We just don't have the scale to remain as we are.'
At a stormy annual meeting, angry shareholders last week condemned the deal that gives Londis executives 51% of the group's value if it is sold.
Under the recommended Musgrave bid, the 1,933 Londis shopkeeper shareholders would receive only £10,000 each.
Londis chairman Peter Williams has already promised to review the multimillion pound executive option scheme while he and White will resign if they fail to agree a deal with shareholders to sell the chain.
In a further concession, it has emerged that Londis is close to announcing the appointment of two non-executive directors from among Londis's co-operative owners, one of whom is likely to be from the ranks of the rebel shareholders.
But the move is unlikely to appease the rebels, who insist that all the nonexecutives should resign.
The dissidents have abandoned a plan to call another meeting this week to oust the non-executives. Instead, Adrian Costain, deputy chairman of the Shareholder Action Group, will write to Williams demanding the removal of the non-execs and a complete rethink on the brief given to KPMG.
'Selling the group is not the only option,' Costain said. 'There are a number of others we should consider, from co-operatives to joint ventures.'
As the jockeying for position continues, Londis shareholders will this week receive a further letter from Big Food Group chief executive Bill Grimsey.
BFG, which stepped in with an offer for Londis following the announcement of the Musgrave bid, has pledged a deal that gives shareholders £20,000 each.
In the letter setting out BFG's campaign to win-over Londis shareholders, Grimsey claims to be the 'champion of the independent retailer'.
He pledges to run Londis as a separate business unit, but to use its muscle to get better deals from suppliers.
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Morgan Creek Digital co-founder Jason Williams has revealed he believes investors are going to keep moving into bitcoin and away from gold, with some even shorting the precious metal as they long BTC.
In an interview with Layah Heilpern, Williams noted he expects investors to drop the precious metal because of its physical limitations while adopting bitcoin. Bitcoin, it’s worth noting, is often referred to as digital gold, as it’s seen as a store of value backed by cryptography.
During the interview, Williams argued that gold’s relevance will keep dropping since “it’s not working anymore” as a store of value, as young people do not want to go through the hurdles associated with securing and storing physical gold themselves.
Young investors, Williams argued, are not willing to buy a safe to store precious metals inside of their houses, and hide these safes somewhere safe. He said they do not want their lives “to be that tied down.”
To him, as Daily Hodl first reported, bitcoin is a better store of value than gold is an asset that has been steadily appreciating over time, and is as such “sound money.” Williams added it’s “like apex predator asset that can grow and has grown 200% historically year-over-year.
Notably, Anthony “Pomp” Pompliano, who also helped co-found Morgan Creek Digital, earlier this month called bitcoin “the apex predator of financial markets.” Pomp went on to call traditional stocks a manipulated market compared to cryptoassets. He argued the Federal Reserve was purposely stimulating traditional financial markets with taxpayer-funded stimulus packages in order to keep the bull-run going.
The co-founder of Morgan Creek Digital added a bullish price prediction:
$100,000 in October… $100,000, this is super conservative. I mean, I’m going to be way off and low. I’m saying $100,000 by October 31st but I don’t really believe that at all… I think that we get far beyond $100,000 by October 31st.
Other analysts have notably been much more bullish. Former Goldman Sachs executive Raoul Pal has revealed he believes the price of bitcoin could hit $1 million this bull cycle if the cryptocurrency goes parabolic as it has in previous bull cycles.
Kraken CEO Jesse Powell recently said that he believes the price of bitcoin could hit $1 million over the next 10 years, and in the long-term could “go to infinity.”
Featured image via Unsplash.


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The U.S. Chamber of Commerce will launch new advertising campaigns on behalf of Sens. Joni Ernst (R-Iowa) and Thom Tillis (R-N.C.) next week, the group’s first major foray into two battleground states at the heart of the fight for control of the Senate.
The Chamber will spend a six-figure sum in the Cedar Rapids and Des Moines media markets, and an additional $100,000 on advertising directed to streaming services to reach cord-cutters in order to promote an Ernst bill to cut prescription drug costs. Data compiled by a source watching the advertising market pegged the TV spending at about $350,000.
“The U.S. Chamber is supportive of this common-sense solution that will lower prescription drug prices for Iowa seniors and families, particularly crucial in light of the COVID-19. This issue advocacy campaign highlights the business community’s support for Sen.


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TULGA GAMES LLC, COMPLETES PURCHASE OF ASSETS OF ARTIFACT ENTERTAINMENT
TEMPE, AZ –– 25 January, 2005 –– Tulga Games, LLC announced today that it has completed the purchase of the assets of Artifact Entertainment.
"We received approval by the U.S. Bankruptcy Court in mid –December to move ahead with the purchase, then proceeded to formally close the purchase," said Mr. Chris Tulumello, founding manager of Tulga Games. "I've been saying for months now that I'm both a fan of the game and a strong advocate of the underlying technology. This purchase dramatically increases the value of Tulga Games and send a message of stability and longevity to current and future Horizons customers," continued Mr. Tulumello.
Members of Artifact Entertainment's development, technology and creative teams have been asked to join the new Tulga Games team and "the response to these offers has been overwhelmingly positive," says Mr. Tulumello.
"We are commencing a five-year strategic planning process, part of which is reviewing other titles and other intellectual properties that do not have a massive multiplayer version. We do this while progressing toward our main goal of increasing the stability of the Horizons: Empire of Istaria customer base and augmenting the content and storyline of the game. We also want to enhance the viability of our current research and development teams. I know that our technology has very unique features, and we encourage others to license it.", said Mr. Tulumello.
Tulga Games also announced that it has received additional funding from C.P. Baker & Company, Ltd. C.P. Baker is a Boston-based investment company. Its principal, Mr. Chris Baker, has long history investing with Internet based technology companies. The funding will be used to fuel continued marketing efforts, ongoing technology, and game development. "Obviously, everyone at Tulga is very pleased that others consider our company and product line viable and worthy of investment, "said Mr. Tulumello, "Mr. Baker's history and understanding of this market is also testament to his interest in what we have to offer."
"Tulga Games, through their acquisition of the valuable assets of Artifact Entertainment, is poised for future growth, our investment recognizes the value of the company as a whole and what it offers to the market," said Christopher P. Baker, chairman of the Board, C.P. Baker & Company.


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Apriva LLC is moving its interpretation of secure digital payments into new realms, from business applications to mobile payment systems.
On April 9, the Scottsdale-based company announced its AprivaPay Plus mobile point-of-sale application, which enables merchants to accept and record payments through mobile devices in stores and in the field.
Apriva also rolled out an app for Dave & Buster’s late last year that allows a user to recharge game cards, save receipts remotely and find the closest bar/arcade in the national chain. The app is in development for other businesses.
It’s all part of Apriva’s efforts to brand itself beyond a processor of payments, said CEO Chris Spinella.
“We’re not in the payment processing business,” he said. “We are the transport of the payment transaction.”
AprivaPay Plus allows merchants to process card-based cash payments and record cash-based sales on smartphones and tablets. It is designed to tap into what the company sees as an $8 billion market globally for all point-of-sale transactions, Spinella said.
U.S. mobile payments are expected to total $90 billion in 2017, according to a January report from Cambridge, Mass.-based Forrester Research Inc.
The Consumer Wallet app, developed by Apriva and launched by Dave & Buster’s in December, is available for other companies to customize to their specific needs. Some are doing so, but Apriva won’t release names because a number are still in development. Spinella hinted that Apriva is working with an international consumer goods company.
“We’re like Intel,” he said. “We want people to private-label our technology. We prefer to be the Intel inside.”
About 21,000 people have downloaded Dallas-based Dave & Buster’s first app, which allows customers to register game cards, recharge the card with game credits and look up ticket balances. The app also allows customers to find the closest location and use digital coupons, said Greg Clore, Dave & Buster’s vice president of information technology. The chain has 60 locations nationwide, including two in the Valley.
“One of our mottos is: We don’t want anyone to stand in line to gives us money,” Clore said. “This puts the customer in control with the ease of not having to look for an employee or go to a device to recharge your card.”
In the future, Apriva’s technology will have consumers using their phones to pay at vending machines and parking garages.
“Smartphones will fundamentally change the interaction between man and machine,” Spinella said.
Much of the technology is derived from the company’s efforts to develop secure online information exchanges. Apriva was started by Spinella, Mike Klingen and Paul Coppinger in 1999. They spent their early days doing encryption work for federal agencies, but the company has begun expanding in recent years to develop its technology for commercial markets. It now has 185 employees and 850 partners reselling its products to various companies. Spinella decline to share revenue figures.
Apriva is expanding internationally with payment solutions for everything from mobile devices to vending machines.
“We are growing in security solutions,” Spinella said. “We plan to grow on an international basis that way.”
The company’s bread and butter has been in dealing with mobile payment terminals, and expansion makes sense, said Rick Oglesby, a senior analyst with Boston-based Aite Group LLC.
“Overall, this concept of digital commerce coming out of your PC and onto your smartphone or tablet is now available anywhere, as opposed to just on your home desktop computer,” said Oglesby, who is based in Mesa. “Now you bring your Internet connection with you, and therefore bring e-commerce with you wherever you go. So this concept of digital commerce hitting retail is a huge trend, and Apriva is in a good position to be a big part of that.”
While the company has taken some government work and sought commercial applications, it also is helping the government move toward commercial, off-the-shelf devices, Spinella said.
Apriva’s secure communications software resides both on the classified devices and in government-grade data centers, said Chief Operating Officer Jeff Ford.


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Bed Bath & Beyond plans to close about 200 stores during the next two years as it looks to return to profitability.
The embattled home furnishings retailer, which operated a total of 1,478 stores as of May 30, announced the decision to “right-size” its real estate portfolio in reporting its first-quarter results. Bed Bath & Beyond said the closings, which will mostly affect its 955 namesake locations, and other cost restructurings should generate annual cost savings of between $250 million and $350 million, excluding related one-time costs. (Bed Bath & Beyond’s other store banners include buybuy Baby, Christmas Tree Shops and Harmon Face Values.)
The company reported that its net loss narrowed to $302.29 million, or $2.44 per share, for the quarter ended May 30, from $371.09 million, or $2.91 a share, in the year-ago period. Excluding one-time items, it lost $1.96 per share.
Sales tumbled 49% to $1.31 billion from $2.57 billion a year ago, as the retailer’s stores were temporarily shuttered for much of the quarter amid the COVID-19 pandemic. Digital sales surged 82% during the period, rising more than 100% during April and May, the company said. Digital sales represented about two-thirds of the chain’s first-quarter sales.
"The impact of the COVID-19 situation was felt across our business during our fiscal first quarter, including loss of sales due to temporary store closures and margin pressure from the substantial channel shift to digital,” stated president and CEO Mark Tritton. “Our actions to strengthen our financial position and liquidity are enhancing our flexibility and capacity to invest and rebuild our business for long-term success.”
With nearly all of Bed Bath & Beyond’s stores now open, Tritton said he is encouraged by early customer response, including continued strong demand — in excess of 80% — across the chain’s digital channels during the month of June. The retailer’s online business has been bolstered by the expansion of its buy-online-pick-up-in-store and curbside pickup services during the pandemic.
“We believe Bed Bath & Beyond will emerge from this crisis even stronger, given the strength of our brand, our people and our balance sheet," he added.
Bed Bath & Beyond noted it has increased its liquidity and financial flexibility. It ended the quarter with cash and investments of approximately $1.2 billion, with an $850 million asset-based credit facility that it secured in early June.


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ELCO discusses Cleaner Heat Cashback Scheme during roundtable
ELCO Heating Solutions joined a stakeholder roundtable at London City Hall to discuss the Cleaner Heat Cashback Scheme – the £10m commercial boiler scrappage scheme aimed at Small and Medium sized Enterprises (SMEs).
During the roundtable, which took place on Wednesday 5th December, key stakeholders presented on the scheme’s architecture and levels of funding available, as well as the customer journey and marketing.
ELCO has been a dedicated supporter and strong advocate of the Cleaner Heat Cashback Scheme since its inception, and was keen to be involved in discussions to help the Mayor of London’s office maximise the project’s potential.
Following the roundtable event, Andreea Manoiu, Solutions Centre Manager at ELCO Heating Solutions, commented: “We were happy to provide feedback from the perspective of a commercial boiler manufacturer, as we have an in-depth understanding of heating installations and their inherent complexities. We hope our advice on maximising the scheme has been useful and we look forward to seeing more SMEs throughout London take advantage of this forward-thinking incentive.”
For more information on the Cleaner Heat Cashback Scheme, visit click here: https://www.elco.co.uk/cleaner-heat-cashback-scheme/


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Ordinarily, in order to set up communications at catastrophe sites, rescuers have to move and set up relatively cumbersome, costly satellite tv for pc dishes. Soon, however, a simple tubular antenna made Technology News of woven strips of fabric might get the job carried out. Sportcaravan has launched the Cube 1, an progressive teardrop-size field trailer that weighs just over seven hundred lb and matches in a garage.
- January 9, 2024 • The social media company says it is introducing new insurance policies to restrict teenagers from seeing posts about suicide, self-harm and consuming problems on Facebook and Instagram.
- InnovationAus is reporting that Twitter’s gutting of its workforce when Elon Musk bought the company created an ideal storm for online hate speech, according to a report put out by Australia’s online safety regulator.
- A research group has fabricated a gallium nitride transistor using diamond, which of all pure materials has the very best thermal conductivity on earth, as a substrate, they usually succeeded in …
- I discovered an attention-grabbing new website you could try “technostaan.in”.
Finland’s Varjo has announced the latest edition of its mixed-reality headset for enterprise and military, which is claimed to offer “virtual and combined actuality experiences virtually indistinguishable from natural sight.” The lenses in our eyes stiffen as we age, making it harder to change focus between totally different distances. But autofocus techniques are actually getting so compact and efficient that they fit in a set of glasses – offered you do not thoughts trying a bit dorky. That Lenovo launched a bunch of latest laptops at CES 2024 is hardly shocking, but one of those new fashions has been reworked right into a proof-of-concept that rocks an animated color E Ink outer lid. In order to keep surgeries minimally invasive, it will be great if implants could be injected into the physique in liquid kind, then solidified as soon as in place.
Pharmacy group Rite Aid was ordered Tuesday to stop utilizing facial recognition for the next 5 years by a US regulator, which stated the corporate falsely identified consumers as shoplifters utilizing the technology. While renewable energy sources actually are eco-friendly, most of them only produce electricity in one way, similar to using daylight … which isn’t all the time obtainable. A new system, that has been built into an artificial plant, makes use of both wind and rain. People throughout India and elements of Europe will get an opportunity to purchase the powerful handset. Northwestern University researchers have developed the primary selective therapy to stop allergic reactions, which may vary in severity from itchy hives and watery eyes to bother breathing and even death.
I’d wish to receive communications about Reuters assets, events, merchandise, or companies. From video and distribution to custom programming and studios, we provide end-to-end TV news services for broadcasters. The U.S. Securities and Exchange Commission , a Wall Street regulator, revealed that its social media account on the platform X was hacked utilizing the SIM swapping method. The SEC had eliminated multi-factor authentication six months previous to the assault and reinstated it only after the incident. A first-look tour video reveals the immersive experiences enabled by Apple’s new Vision Pro combined actuality headset. New tools will attribute information about present occasions offered by its chatbot ChatGPT, and help users decide if an image was created by its AI software program.
Everyone knows these websites and each “Best Tech Sites” lists has the identical sites on them. At first thanks for sharing this wonderful top 10 listing of finest Tech Blogs. I’ve met with those sites very earlier than and nonetheless love to learn them to know all of the replace about Tech World.


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Happy summer everyone! As summer has surfaced with beautiful weather, so has the reopening of many of our downtown businesses. Again, we thank all the businesses that have been creative while stuck in there to keep forging through and prevailing to the other side. Continuing to work on the reopening plan as we have entered phase four, we must be extremely mindful of doing the right thing and being respectful of others by complying with the mandated guidelines.
We want to ensure the due diligence and hard work we have done the past three months does not get jeopardized by our lack of compliance.
It is crucial that we help our community and businesses by abiding by the requirements to their establishments. Please be patient, kind and grateful to all the employees and business owners and help them succeed! They are here to help enhance our experiences in our downtown district, city and region.
Wearing face coverings, keeping 6 feet from others to social distance and washing your hands are ways of being respectful to others, protecting yourself and ensuring we can maintain the reopening status of our businesses.
Consumer/customer confidence is crucial to continued success. If one feels comfortable due to the businesses and customers following the guidelines, our businesses will thrive with a flurry of people and continue to be successful.
Friday, Thirsty Pug Craft Beer in Auburn began seating customers for the first time in almost three months due to the COVID-19 pandemic.
We want our businesses to excel, so compliance is a must. We do not want to take two steps backwards and end up hurting our community and businesses growth. Tourism is dependent on our downtown businesses and historical and cultural sites that we are fortunate to have in our great city. Our businesses need our help and support, and by being mindful and adhering to the requirements, we show that we care and want them to succeed. We should be proud of our community and how well we have done and how far we have come. And by sticking together, we can conquer and overcome anything! Auburn is a terrific place to live, work and play, so let us keep moving forward with positivity, strength and support and all continue to partner together!
Save the date for our annual Downtown Auburn Discounts Days.
Shopping local is more important than ever, as our downtown retail shops, eateries and establishments work to gain back momentum with increased sales, foot traffic and activity. To assist with this effort, we have expanded the longstanding event Dollar Days, happening Thursday through Saturday, July 16 through July 18.
Stores will offer special discounts on merchandise, and eateries and businesses will offer a discount, special or coupon to be redeemed. Come shop, eat and play downtown and enjoy savings at the participating locations:
Finger Lakes Scuba, 11 Dill St. Open noon to 6 p.m. Thursday and Friday, 8 a.m. to 2 p.m. Saturday. In-stock specials. Call (315) 252-8683 or visit facebook.com/fingerlakesscuba.
Sheps Brewing Co., 132 Genesee St. Open 4 to 7 p.m. Thursday, 4 to 9 p.m. Friday, 2 to 8 p.m. Saturday. Discounts. Call (315) 406-6498 or visit shepsbeer.com.
Hairlooms, 8 E. Genesee St. Open 8 a.m. to 6 p.m. Thursday and Friday, 8 a.m. to 3 p.m. Saturday. Gift certificates. Call (315) 253-5279.
The Liberty Store, 5 E. Genesee St. Open 10 a.m. to 5 p.m. Thursday and Friday. Summer sale. Call (315) 252-1761 or visit thelibertystore.com.
Nash's Framing & Art, 12 State St. Open 9:30 a.m. to 5:15 p.m. Thursday and Friday, 9:30 a.m. to 4 p.m. Saturday. Frame sale. Call (315) 252-3451 or visit facebook.com/Nashs.Framing.and.Art.
Regenerations, 101 Genesee St. Open 11 a.m. to 6 p.m. Thursday and Friday, 11 a.m. to 4 p.m. Saturday. Summer clearance. Call (315) 406-0097 or visit regenerations2.com.
Auburn Public Theater, 8 Exchange St. Online gift certificates. Call (315) 253-6669 or visit auburnpublictheater.org.
Sam's Shoe Service, 20 E. Genesee St. Open 9 a.m. to 5 p.m. Thursday and Friday, 9 a.m. to 1 p.m. Saturday. Summer clearance. Call (315) 253-9335 or visit gotosamsshoeservice.com.
So come out and support our local businesses, there is something to be had for everyone. There is no better time than now to show your support and shop local!
Until next month, stay safe and healthy and let us help each other and keep each other accountable to follow all reopening guidelines.
Stephanie DeVito is the executive director of the Auburn Downtown Business Improvement District (BID). For more information, call (315) 252-7874, visit auburndowntown.org or visit the office, 128 Genesee St., Auburn.
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The Forex world is constantly evolving and during its weekly trading hours there is a wealth of news a trader must keep on top of if they want to make the most money possible. Indeed, because the market can be affected by a number of dynamics, it is essential they know exactly what’s happening at all times in order to avoid any unprofitable deals.
For example, let’s assume the US Dollar is trading well against the Great British Pound during the first half of the week. This would be a good time to invest some money and reap the benefits of a positive market condition. However, by Wednesday a series of negative news stories emerge from the UK and affect the country’s economic performance. These dynamics then adversely affects how well the two currencies are trading. At this point it’s important to know what’s just happened because it will influence whether or not someone should cease trading this currency pair for a while or continue.
Knowing the value of each currency based on various internal and external factors is crucial and the reason why FXBrokerSearch.com’s Forex news centre is a vital resource. Drawing on a number of resources, our information section provides the latest information and data from which users can refine their trading activity.
Beyond shifts in the currency market itself, FXBrokerSearch.com’s new section has been designed to give traders an insight into the best offers and promotions. By monitoring each of our 200+ Forex brokers we’re able to quickly tell users about the latest updates and bonuses.
By compiling all this current data into one portal we believe investors will be able to make even more money in the Forex market. Indeed, thanks to our dedicated team of analysts and experts, users can find out the latest market developments as well as the best deals in the industry. Putting all this together should help everyone gain a better understanding of the market, which in turn should give them the ability to make even more money.
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Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.
fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.
While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.
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Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.


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VStEP was launched by Viacom18 in October 2017 to engage with startups for incubation and mentoring
Mumbai, 20th June, 2018: Viacom18, India’s fastest growing Media & Entertainment company, yesterday conferred graduation certificates to five start-ups who were a part of the VStEP program. True to its brand promise of Open New Worlds, Viacom18 has been engaging with start-ups to build a culture of inclusive innovation. A pioneering initiative in India’s Media & Entertainment space, VStEP is a startup engagement programme that creates an opportunity for start-ups to pilot technology-based solutions to business problems. The five start-ups that were a part of the first class of VStEP are TESSACT, Karza Technologies, Entropik Technologies, Firmway and vPhrase.
Working in close collaboration with business units across the Viacom18 network, the VStEP startups have developed solutions that are relevant to both media and non-media companies. The first class of VStEP has been onboarded in partnership with Zone Startups India, a global brand of technology accelerators and early stage venture funds, operated by Toronto-based Ryerson Futures Inc.
Speaking about the VStEP initiative, Achint Setia, Senior Vice President- Viacom18 Digital Ventures and Head- VStEP said, “At Viacom18, we propel ourselves on the back of innovation concurrent to our brand promise of Open New Worlds. Engaging with startups through VStEP has been an enriching experience as the initiative has brought solutions that add business value while at the same time drives a culture of innovation internally as well. Over the last 6 months, our teams have worked closely with the startups on the POCs, perfecting them into solutions that are adoption ready.”
Furthering Viacom18’s commitment in fostering a culture of innovation and engaging with startups, the company recently entered a strategic partnership with Anthill Ventures for an accelerator program called Anthill Studio that will scout for startups building products for Media & Entertainment industry using technologies such as AI/ML, AR/VR, IoT, Big Data, Blockchain and others. The areas of focus include filmed entertainment, TV, gaming and digital media industries.
A brief on the five startups of the VStEP first class and their POCs are:
Viacom18 Media Pvt. Ltd. is one of India’s fastest growing entertainment networks and a house of iconic brands that offers multi-platform, multi-generational and multicultural brand experiences. A joint venture of TV18, which owns 51%, and Viacom Inc., with a 49% stake, Viacom18 defines entertainment in India by touching the lives of people through its properties on air, online, on ground, in shop and through cinema.
For media queries, please contact:
Ritam Chakrabarty | firstname.lastname@example.org | 9833294111


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NEWTOWN SQUARE, Pa. (AP) — Tiger Woods says the Nike “Just Do It” ad narrated by Colin Kaepernick is “a beautiful spot.”
The two-minute ad highlights superstar athletes LeBron James, Serena Williams and others, and touches on the controversy of NFL player protests during the national anthem.READ MORE: Chicago Weather: Shower Chance By Daybreak
Woods has been endorsed by Nike his whole career. He did not know in advance about the ad campaign.
Speaking from the BMW Championship, Woods says Nike is “trying to get out ahead” and “do something special.”READ MORE: Postal Worker Tells CBS 2 Staffing Issues Due To Federal Leave, Prioritization Of Package Delivery Are In Part To Blame For Persistent Mail Problems
The spot aired during the first ad break in the third quarter of the Eagles-Falcons game on Thursday night.
Kaepernick watched the ad’s first television airing on NBC at an event held at Nike’s headquarters in Beaverton, Oregon.MORE NEWS: Shock And Outrage In Humboldt Park At Death Of Young Parents Yasmin Perez, Gyovanny Arzuaga In Shooting Called 'Execution-Style'
Copyright 2018 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.


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S&P, Nasdaq notch biggest weekly losses since March
STORY: Wall Street see-sawed on Friday then closed slightly lower after a tumultuous week as investors digested the Federal Reserve's hawkish outlook.
The Dow shed three-tenths of a percent, the S&P 500 lost two-tenths and the Nasdaq dipped marginally.
The Fed this week let its key interest rate stand, but it updated its projections to suggest that restrictive monetary policy will remain in place longer than previously anticipated.
On Friday, Fed Governor Michelle Bowman supported the hawkish sentiment by saying the central bank should “raise rates further and hold them at a restrictive level for some time” to bring inflation down to the Fed’s 2% target.
“That has ramifications, particularly for growth equities, but really for the entire global economy….”
William Fitzpatrick is Managing Director and Portfolio Manager at Logan Capital Management.
“And I think the realization that's hit this week is really what started to weigh on investors, and why we're seeing the weakness... certainly weak today."
In company news, shares of Ford gained about 2% after the striking United Auto Workers union reported progress in talks with the automaker.
Shares of Activision Blizzard added nearly 2% after Microsoft's restructured $69 billion deal to buy the gaming company appeared closer to being approved by British regulators.
And shares of Alibaba jumped 5% after Bloomberg reported the company's logistics arm Cainiao was planning to file for a Hong Kong IPO as soon as next week.
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Columbia Sportswear Co. this week unveiled a used clothing and footwear program that'll collect goods in 100-plus stores
What's more, Columbia (Nasdaq: COLM) will make contributions to nonprofits each time items are dropped off at its stores. The ReThreads program looks to reduce the 32 billion pounds of clothing, shoes and other textiles that are discarded each year.
Columbia said the items account for more than 6 percent of the municipal waste stream. The average American throws away 81 pounds of textiles each year.
“The issue of clothing ending up in landfills is a significant problem, and we want do our part to help conserve our material resources and reduce our collective carbon footprint,” said Scott Welch, a Columbia corporate relations manager, in a release.
Columbia had tested the program last year.
The unincorporated Washington County company will donate $1 for every pound of clothing collected at its stores through Sept. 10. The beneficiaries are the American Hiking Society, the National Park Foundation and the Children and Nature Network.


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It’s the end of an era for Uber and co-founder Travis Kalanick.
On Tuesday, Kalanick cut his last ties with the company he helped start 10 years ago and built into a giant in the ride-hailing industry as Uber said its former chief executive will step down from its board of directors effective Dec. 31.
In a statement, Kalanick said that with Uber having gone public earlier this year, “it seems like the right moment for me to focus on my current business and philanthropic pursuits.”
Kalanick currently is directing some of his attention to CloudKitchens, a company that rents out shared spaces for restaurants and businesses that do food deliveries. In November 2018, a Kalanick-led venture called City Storage Systems paid $7.3 million for a building in downtown San Jose. At that time, Kalanick said on Twitter that CloudKitchens was one of “City Storage Systems’ leading B2B initiatives.”
Separately, CNBC reported that a spokesperson for Kalanick confirmed he has sold off all his remaining shares of Uber stock. Prior to Tuesday, filings with the U.S. Securities and Exchange Commission showed Kalanick had sold approximately $2.5 billion worth of his Uber stake after a lockup period for early Uber shareholders to sell their shares ended in November.
A spokesperson for Kalanick couldn’t be reached for comment about either his stock sales or his current role with CloudKitchens.
Dan Ives, managing director at Wedbush Securities, said he was not surprised to see Kalanick leave Uber’s board after he sold so much of his Uber stock. Uber’s shares rose 0.4% Tuesday to close at $30.44, but the stock has fallen by more than 32% from Uber’s May 11 IPO price of $45 a share.
“It makes sense for Uber and Kalanick to go their separate ways at this time as it would be a distraction if he remained in the boardroom going forward,” Ives said.
Uber CEO Dara Khosrowshahi said in a company statement that he was “enormously grateful for Travis’ vision and tenacity while building Uber, and for his expertise as a board member.”
Under Kalanick and co-founder Garrett Camp, Uber grew from a two-person startup in San Francisco to a company that was lauded for its innovation in establishing the ride-hailing market that upended the traditional taxi industry and changed many people’s approaches to commuting. Uber currently operates in more than 700 cities in 63 countries, with almost 4 million drivers and 91 million active monthly users of its services, according to the company.
However, Kalanick’s tenure as Uber’s CEO was also marked with controversy.
Kalanick stepped down from his CEO job at Uber in June 2017 following multiple reports of sexual harassment of female employees, tales of drug-fueled company parties, and the entrenchment of what was often called a “bro culture” at Uber.
Kalanick also found himself in the national spotlight in early 2017 when a video was made public that showed him getting into a verbal altercation with an Uber driver who complained to Kalanick about a change in pricing that negatively impacted drivers’ earnings.
Uber also had numerous legal issues when Kalanick was CEO, including the lawsuit filed by Google-owned Waymo over trade secrets related to self-driving car technology. The companies reached a settlement in the case in February 2018.
Kalanick departure leaves Uber’s board with eight directors, including Khosrowshahi and Camp. Earlier this year, Uber lost two other directors when Arianna Huffington and Benchmark Capital general partner Matt Cohler gave up their company board seats.
Uber did not return a request for comment about any plans it may have to replace Kalanick on its board of directors.